8/7/2018 | Hotels

South Hams hotel on the market through Christie & Co

Specialist business property adviser, Christie & Co has brought to the market the Moorland Hotel in the village of Wotter, situated in the South Hams area of Devon, in close proximity to Dartmoor National Park.

Moorland Hotel comprises 18 en suite letting bedrooms, a primary function room with seating for up to 65 guests, a secondary function room with seating for up to 35 guests, a separate bar, and a 45-cover restaurant. Further accommodation is provided on the 1.75-acre site, including a detached two to three bedroom bungalow with a private garden and a self-contained two-bedroom apartment located on the first floor of the hotel. Both residences are currently occupied by the owners but offer the opportunity to be converted for use as additional guest accommodation.

Sitting on a generous sized plot, the outside area has been utilised to include customer car parking for up to 30 vehicles and an external decked trade area for a further 30 dining covers, plus a stables and small paddock. Ideally placed to cater for the high numbers of tourists drawn to the scenic countryside and Devon coast, the business demonstrates strong and consistent levels of trade. 

The hotel has been operated by mother and daughter team Rosemary & Patricia Dallas, after Rosemary purchased the hotel in 2002, having emigrated from Australia. She is now looking to move on in order to retire to her second home in Cornwall and comments, “The hotel is situated in a rural location on the edge of Dartmoor, yet only 8 minutes’ drive to Plympton and less than 30 minutes to Plymouth City Centre. This makes it not just a great position for a hotel, but a wonderful place to call home.”

Stephen Champion, Senior Business Agent based in Christie & Co’s Exeter office, comments, “Rosemary and Patricia have done an excellent job improving and restoring the Moorland Hotel during their 16 years of ownership. The Moorland Hotel is located in a spectacular part of the Devon countryside, featuring views of both the sea and Dartmoor, a real draw for tourists travelling to the area. The business has demonstrated constantly strong levels of sales and profitability in recent years and has scope to further develop this trade, making this hotel an attractive proposition for a new operator.”

Christie & Co is marketing the freehold interest of Moorland Hotel at a guide price of £950,000.